Good morning! #investor_morning Chinese banks are buying | 🚀 Robin Rocket

Good morning!
#investor_morning

Chinese banks are buying back their shares, which have fallen in price amid the Evergrande crisis - SCMP. At least six banks, including Ping An Bank and Bank of Shanghai, have announced plans to buy back their own shares this month. A wave of share buybacks could instill some confidence in China's underprivileged banking stocks.

BofA predicts the oil price will rise to $100 by September 2022, or faster if the winter is harsh.

$MA
Mastercard has launched an installment plan program. The service is available to customers in the US, UK and Australia.

The status of the dollar as a reserve currency will be jeopardized if the public debt ceiling is not raised - Yellen.

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JPMORGAN STARTED PREPARATIONS FOR POTENTIAL LOAN DEFAULT IN THE US AS DEBT LIMITS NEGOTIATE HARD - DIRECTOR GENERAL JAMIE DIMON.

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iPhone 13 delivery time increases due to vietnam supply chain issues - Nikkei.

Evergrande sells $1.5bn stake in Chinese bank Shengjing Bank ahead of next coupon payment on bonds.

$AMZN $MSFT
Amazon and Epic Games will add their apps to the Microsoft app store within a few months.

$AMZN $AAPL $PTON
Amazon launches fitness service Halo to compete with Peloton and Apple.

UK uses fleet to deliver gasoline to refueling station - Quarteng, UK secretary of State for Enterprise, Energy and Industrial Strategy